Managing Director

My client is a family-owned property business. Their main estate is a 17-acre site in Barking, Essex. The estate was formerly a brownfield industrial site, but has recently been sold as a long lease to a Developer to construct a residential scheme of 950 units on two thirds of the site. The remaining third of the site hosts about 120,000 square feet of modern warehousing units.

They are now looking for a new Managing Director to manage the existing estate and look for new assets. The role is part-time, 3 days/week. The role is based at the company's office in Barking, although there is scope for homeworking.

The MD will work with the Chair and board of the company to maximise the value of its assets and cash generation. The main functions are:

maximising the value and income of the portfolio

ensuring the Developer is following our contract

increasing the asset base of the company

administrative and regulatory activities

At present, there is secretarial/administrative support, and outsourced book-keeping/accounting.

They are looking for someone who:

has property experience

has business management experience

is confident and presentable, able to engage on all levels with professional advisers, agents, contractors, and banks

is self-motivated and can work under their own initiative

is capable of the complete spectrum of activities from strategy to administrative detail